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  1. 92 Posts.
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    If the actual resources in Pardoo are anything close to the inferred amount then that alone should put the market cap of CAD around the 50mil mark making it a 0.8~0.9c share price. This is of course based on a very rough estimate comparing other mining exp companies MC verses their resource values.
    Throw in a potential mother load of lithium at CM and RM and gold at Pardoo and who knows where CAD can be.
    Thats why i feel that CAD is currently undervalued.
 
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